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Jan 21, 2013
01/13
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we are going to put this nation 's economy on a sustainable path to the future. ladies and gentlemen, it is my great honor to introduce you to a magnificent first lady, michelle obama and the guy she hangs out with, my friend, president barack obama. [applause]hey. [applause]i thought you weren't coming out! i thought you weren't coming. but you changed your mind. [applause]>> hi, everybody. [applause]excuse our tardiness, but you know what? when stevie wonder has a few words to say to you, you don't rush stevie wonder. pardon our delay. [applause]thank you so much. thank you for that kind introduction. more importantly, thank you for your leadership. [applause]i love joe biden. [applause]i love jill a little bit more. [laughter]but i want to thank you both for making this journey so much more fun. our families have bonded and this has just been a phenomenal four years. i am ready to do four mark with both of you. -- four more with both of you. most of all, i want to thank all of you here tonight for everything you have done to bring this inauguration to life. th
we are going to put this nation 's economy on a sustainable path to the future. ladies and gentlemen, it is my great honor to introduce you to a magnificent first lady, michelle obama and the guy she hangs out with, my friend, president barack obama. [applause]hey. [applause]i thought you weren't coming out! i thought you weren't coming. but you changed your mind. [applause]>> hi, everybody. [applause]excuse our tardiness, but you know what? when stevie wonder has a few words to say to...
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Jan 17, 2013
01/13
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market economies. that is one aspect of the balancing that is needed, a rebalancing. we also mean by a more balanced growth, growth that is more compatible with the sustainability of our environment and the fight against climate change. what does the need for us? i remind you that, in 2013, the imf is stronger, better equipped financially. it has certainly refined some of its tools. we'll continue to strengthen our surveillance, especially on spillover effects and on the financial sector. we will continue to strengthen our support for the entire spectrum of members through lending, capacity building, training and technical assistance. in other words, we're not only serving the needs of a selected group of companies -- a group of countries, but the entire membership. when you look at the world and see where our teams are, where there is building and technical assistance in programs, we are all over the map. and we will continue to push ahead with the important and not complete reform of " and governance
market economies. that is one aspect of the balancing that is needed, a rebalancing. we also mean by a more balanced growth, growth that is more compatible with the sustainability of our environment and the fight against climate change. what does the need for us? i remind you that, in 2013, the imf is stronger, better equipped financially. it has certainly refined some of its tools. we'll continue to strengthen our surveillance, especially on spillover effects and on the financial sector. we...
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Jan 16, 2013
01/13
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economy. at the same time with quite a bit to do to address our long-term sustainability issues. a lot more work to do, let me be very clear about that. but it's going to be a long haul. it's not going to happen overnight. basically because the government budget represents the values and priorities of the public, and decisions been made about what to spend on, what you tax and so on are very difficult and contentious decisions that will take some time to address. >> well, those is to use -- those issues of course are not the specific purdy of the fed, and so why do we shift gears and talk more specifically about some things that the fed is doing and things that the fed might do. perhaps a way to introduce that is to say that the fed of course is keeping interest rates at close to zero since roughly 2008, and it dug pretty deep into its arsenal, more recently in terms of in particular the very massive asset purchases recently launched its third round, which are intended to bring long-term inter
economy. at the same time with quite a bit to do to address our long-term sustainability issues. a lot more work to do, let me be very clear about that. but it's going to be a long haul. it's not going to happen overnight. basically because the government budget represents the values and priorities of the public, and decisions been made about what to spend on, what you tax and so on are very difficult and contentious decisions that will take some time to address. >> well, those is to use...
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Jan 19, 2013
01/13
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this is about looking up cross-border economy to take advantage of this huge growth in the mexican economy and to see how we can create jobs in the united states and how we can together as north americans actually compete with people in east asia, indian sub continent in brazil and we don't want to compete on wage rates. the way in which we compete economically and across borders by spring-training transaction costs down on the cross-border flows of goods because increasingly what we are seeing a shared reduction platforms in mexico and the united states for a single product. before that product is sold and finally assembled, it may have crossed the border to her three or four times. when we drive down the costs of crossing the border, we do ourselves a disservice. therefore when we approached the border, both in terms of security and economic competitiveness, we have to invest, but not the way we did in the past. we have to invest in infrastructure. we need to invest in new ways of managing cross-border flows. we have to reinvent many methods they used to get goods and people across the b
this is about looking up cross-border economy to take advantage of this huge growth in the mexican economy and to see how we can create jobs in the united states and how we can together as north americans actually compete with people in east asia, indian sub continent in brazil and we don't want to compete on wage rates. the way in which we compete economically and across borders by spring-training transaction costs down on the cross-border flows of goods because increasingly what we are seeing...
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Jan 19, 2013
01/13
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saying we are encouraged there are signs the republicans may back off on the insistens of holding our economy hostage to drathsically cut programs and democrats and republicans must pass a clean bill. caller: i heard this. and i heard jay cornyn say that. i know what he said. but they also said that they want a clean debt ceiling. not every three months you're going to have the same thing over again. they want it for a whole year. not this three-month extension. host: jeff this morning off twitter said this is a reasonable offer if the democrats do not accept it he adds nice play, g.o.p. host: republican line? caller: yes, there are two features on this proposed legislative action. they have different levels of support for me. i do support the concept of withholding pay for not having a budget. i mean, not only should the federal government have a law regarding that but i think each individual state should enact a legislative negligence act that if you don't fulfill that responsibility of having a budget, you do not get paid and you get barred from running for future elective office. with reg
saying we are encouraged there are signs the republicans may back off on the insistens of holding our economy hostage to drathsically cut programs and democrats and republicans must pass a clean bill. caller: i heard this. and i heard jay cornyn say that. i know what he said. but they also said that they want a clean debt ceiling. not every three months you're going to have the same thing over again. they want it for a whole year. not this three-month extension. host: jeff this morning off...
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Jan 18, 2013
01/13
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host: the budget, economy, guns. presidentr from vice- biden in a few minutes as he addresses the gun issue. our phone lines are open. you can send us the e-mail or join us on our twitter page. let me ask you both about what is happening in number of other cities. harrisburg, pennsylvania. you talk about infrastructure. facing or discussing the possibility of bankruptcy. as you look at what other cities are dealing with, what lessons can you apply to your respective cities? guest: scranton, harrisburg, bernadine no -- san bernardino -- these are the exceptions. we are in fairly good financial shape. the biggest challenges we have a are the same as a lot of others. business, pension debt. that seems to be the one factor of many of these cities. host: how much goes to a pension? how much is taken off the top before you can do anything? guest: in most cities, 70% + goes to public safety or more. 70 plus percent side of any department -- you can imagine what that does to a city budget. in mesa, with a debate on the publi
host: the budget, economy, guns. presidentr from vice- biden in a few minutes as he addresses the gun issue. our phone lines are open. you can send us the e-mail or join us on our twitter page. let me ask you both about what is happening in number of other cities. harrisburg, pennsylvania. you talk about infrastructure. facing or discussing the possibility of bankruptcy. as you look at what other cities are dealing with, what lessons can you apply to your respective cities? guest: scranton,...
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Jan 18, 2013
01/13
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our economy, and the global economy. and i think he needed to be straight up and not say that the essentially what i'll do is look for ways around it. the republican caucus has, as i said ate the beginning, so dramatically changed from when i joined -- which has jurisdiction . the republican party has to decide how much it's willing to game, the economy of the united states. [inaudible] i'm not surprised. [inaudible] negotiations that resolved in a fairly -- [inaudible] have an effect on the regulatory regime, both in this country and europe. going in to that, what your reservation -- [inaudible] the deal that would emerge from the negotiations. what would you be most concerned about? >> i said in a meeting of the group that is looking at this, in my position, stated there was that we should undertake serious discussions between the u.s. and e.u. at the same time, i think we need to be realistic. i was -- [inaudible] what was that? over ten years ago, and i think there were unnecessarily optimistic views about how quickl
our economy, and the global economy. and i think he needed to be straight up and not say that the essentially what i'll do is look for ways around it. the republican caucus has, as i said ate the beginning, so dramatically changed from when i joined -- which has jurisdiction . the republican party has to decide how much it's willing to game, the economy of the united states. [inaudible] i'm not surprised. [inaudible] negotiations that resolved in a fairly -- [inaudible] have an effect on the...
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Jan 15, 2013
01/13
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economy. it would slow down our growth, might tip us into recession, and ironically, would probably increase our deficit. so to even entertain the idea of this happening -- of the united states of america not paying its bills -- is irresponsible. it's absurd. as the speaker said two years ago, it would be -- and i'm quoting speaker boehner now -- "a financial disaster, not only for us, but for the worldwide economy." so we've got to pay our bills. and republicans in congress have two choices here: they can act responsibly, and pay america's bills, or they can act irresponsibly, and put america through another economic crisis. but they will not collect a ransom in exchange for not crashing the american economy. the financial well-being of the american people is not leverage to be used. the full faith and credit of the united states of america is not a bargaining chip. and they better choose quickly, because time is running short. the last time republicans in congress even flirted with this idea
economy. it would slow down our growth, might tip us into recession, and ironically, would probably increase our deficit. so to even entertain the idea of this happening -- of the united states of america not paying its bills -- is irresponsible. it's absurd. as the speaker said two years ago, it would be -- and i'm quoting speaker boehner now -- "a financial disaster, not only for us, but for the worldwide economy." so we've got to pay our bills. and republicans in congress have two...
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Jan 21, 2013
01/13
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apart from individual issues, whether it is a gun safety or the economy or foreign policy, the challenge is to overcome those obstacles that the political culture place in front of them. host: a call from cincinnati, ohio. good morning and welcome to the program. caller: in a country where originally white people were not even citizens of this country and now we have a black president, i think we've come a long way. i feel that president obama has not done enough for either side. i think in the beginning it was an issue for him. now he's just like, i am going to be the president. but there are still people who cannot get past that. how does that affect his second term? i have to say, particularly republicans -- how do we get people over the issue of his race? guest: the sad reality is, there are some people that -- i do not think we want to make the mistake of exaggerating their numbers -- there are some people for whom they will never get over the issue of race. there are other people who quite sincerely, for reasons having nothing to do with race, believe that the president's agenda, i
apart from individual issues, whether it is a gun safety or the economy or foreign policy, the challenge is to overcome those obstacles that the political culture place in front of them. host: a call from cincinnati, ohio. good morning and welcome to the program. caller: in a country where originally white people were not even citizens of this country and now we have a black president, i think we've come a long way. i feel that president obama has not done enough for either side. i think in the...
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Jan 15, 2013
01/13
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we need to diversify our local economy in virginia. i hope we can work with both of our senators to get this done. host: we are talking with representative scott rigell. this is a headline in "the washington post." she talks about a new freshman class of republicans and your class as well that had been a headache for the speaker. there will be a test on tuesday. where do you come down on this? guest: i think we have been good for the speaker. i am not dodging the questione. everybody needs to shoot straight. i do not know how i will vote on the particular bill. it has only come out in the last day or so. we have not anticipated and planned for these type of natural disasters. you would think we would have budgeted enough. either we're not done a good estimates or we are spending far more than we should. i will be evaluating that. i know there will be some amendments. there are some things that i don't think most americans would not funded. therein lies the challenge. every bill we vote on on typically has some things that are good and
we need to diversify our local economy in virginia. i hope we can work with both of our senators to get this done. host: we are talking with representative scott rigell. this is a headline in "the washington post." she talks about a new freshman class of republicans and your class as well that had been a headache for the speaker. there will be a test on tuesday. where do you come down on this? guest: i think we have been good for the speaker. i am not dodging the questione. everybody...
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Jan 16, 2013
01/13
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caller: this is all about stimulating the economy and everything. what about the hundreds of manufacturers and their jobs. these people will be out of work. host: josh gets the last word. a reminder you can continue the conversation on line with our facebook page, facebook.com/c-span. also on twitter using the #gun control. coming up this afternoon we'll bring you live coverage of a discussion up on capitol hill, the house democratic steering and policy committee looking at the issue of gun violence. they'll hear from the newtown connecticut school superintendent, and the philadelphia mayor. that's coming up at 2:00 eastern. live here on c-span. we also plan to he show you the president's comments once again this evening at :00 even here on c-span. you can find it in our video library as well. you saw some of the comments earlier from senator patrick leahy, the chairman of the judiciary committee. next up his entire speech and questions from law students at georgetown university, a preview of the judiciary committee's agenda for 2013. >> dean, thank
caller: this is all about stimulating the economy and everything. what about the hundreds of manufacturers and their jobs. these people will be out of work. host: josh gets the last word. a reminder you can continue the conversation on line with our facebook page, facebook.com/c-span. also on twitter using the #gun control. coming up this afternoon we'll bring you live coverage of a discussion up on capitol hill, the house democratic steering and policy committee looking at the issue of gun...
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Jan 14, 2013
01/13
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if you shocked the global economy, the rest of the world disdains the united states for the actions it has taken. if you look at the other contending forces, the unexpected consequences of the gop tectonics' strategic shift that you will get -- geotectonic shift that you get will not be meet. it will not be in a defined box like when you have no real collision. it is a destructive global event and we need to be clear what those consequences are. i think you will hear that from him when he gets -- gives testimony in the senate. host: this is in "the new york times on the magazine's report of none of this works, the president will use military power against iran. i am sure of it. guest: i think he has had conversations we have not had with the president and he has that understanding. this is not a president who want to be remembered as having been an appeaser. i do think if it moved to that level, and i do not think we are there yet, the president will probably initiate force. host: there is this from one of our viewers saying that obama knows at least one of his nominees will have to go
if you shocked the global economy, the rest of the world disdains the united states for the actions it has taken. if you look at the other contending forces, the unexpected consequences of the gop tectonics' strategic shift that you will get -- geotectonic shift that you get will not be meet. it will not be in a defined box like when you have no real collision. it is a destructive global event and we need to be clear what those consequences are. i think you will hear that from him when he gets...
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Jan 16, 2013
01/13
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that is such a serious threat to the economy of this country. credit agencies are saying once again the credit of this country is threatened. are we really going to put in jeopardy the full faith and credit of the united states of america? host: the credit agencies have said you also need to address spending. guest: it is balance verses in balance. host: junior, independent caller. caller: why do you stand there telling us stuff that you know it is not true? when are we going to see a budget from this administration? everything you said is untrue? where is the budget? this has been four years. guest: the administration has presented a budget every year. it is cannot correct to say we have not presented a budget. the house has presented budgets that almost no democrat could vote for. the senate has a 60-vote requirement has been unable to find common ground within their ranks. they have rejected the house republican budget. it is not correct to say the administration has not provided a budget. host: senate democrats. guest: it takes 60 votes. jun
that is such a serious threat to the economy of this country. credit agencies are saying once again the credit of this country is threatened. are we really going to put in jeopardy the full faith and credit of the united states of america? host: the credit agencies have said you also need to address spending. guest: it is balance verses in balance. host: junior, independent caller. caller: why do you stand there telling us stuff that you know it is not true? when are we going to see a budget...
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Jan 18, 2013
01/13
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so when the economy goes up, we are doing well. and when consumer confidence goes down we have the roller coaster effect with our tax base. host: an economic overview of your city, where your tax structure comes from and who are your largest employers. guest: it is the largest city in our stated. we're the home to our state capitol, to a large hospital system which is our largest employer and also the army's largest training base in the world. we have a sensitive tax structure that sees 2/3 of our real estate not on our tax. our primary comes from our tax sment and our water that serve it is region. we've watched our unemployment decrease, we've out paced the national economy. last year we saw $1.1 billion in national investment. our focus has been on investing in our urban core and doing it together. a great focus on riegism. >> a question to both of you with debt in this country cities do that by floating bonds which explain how that works in mesa, arrest arrest and what that works for and how it's paid off. guest: we like to say
so when the economy goes up, we are doing well. and when consumer confidence goes down we have the roller coaster effect with our tax base. host: an economic overview of your city, where your tax structure comes from and who are your largest employers. guest: it is the largest city in our stated. we're the home to our state capitol, to a large hospital system which is our largest employer and also the army's largest training base in the world. we have a sensitive tax structure that sees 2/3 of...
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Jan 18, 2013
01/13
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the cap should go up when the economy is strong, and be adjusted down when the economy is not. as i mentioned, we need to expand the number of green cards to foreign nationals who graduate from our colleges and universities with advanced degrees. even with high unemployment we have millions of job openings that go unfilled. the the the workers come here to fill those jobs, or let me tell you, ladies and gentlemen, those jobs go somewhere else. and when they do, other jobs go with them. we also need a workable, reliable national employee verification program. now, they be verified brough rand has been dramatically improved. we are ready to beam -- to move forward with it nationally, provided there is strong preemption language to stay a local laws, no obligation to read verifies the whole -- i know countries with 35, 50,000 employees who certainly don't have to do that. and we need safe harbor for good ethics by employers. finally, we need to provide a path out of the shadows for 11 million undocumented immigrants who live in the united states today. with the understanding that
the cap should go up when the economy is strong, and be adjusted down when the economy is not. as i mentioned, we need to expand the number of green cards to foreign nationals who graduate from our colleges and universities with advanced degrees. even with high unemployment we have millions of job openings that go unfilled. the the the workers come here to fill those jobs, or let me tell you, ladies and gentlemen, those jobs go somewhere else. and when they do, other jobs go with them. we also...
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Jan 21, 2013
01/13
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whatever happens with the economy, he can take the credit or the blame. host: sarah from boise, idaho. caller: i wanted to say how wonderful the festivities were today. it just touched my heart. just seeing all the hope on the people's faces out there, all, my goodness. even talking about it now i am getting teary-eyed again. and the love, it was wonderful. so much coal. i just know that the next four years is going to be wonderful. yesterday was my birthday. i am 63. so every four years i get a president, and i'm very happy about that. host: well, sarah, happy birthday. felicia sonmez, thoughts? guest: politics often playset by press release and statements from one side or the other, that we only see electronically or delivered from floor speeches, but what is interesting about a day like today and the state of the need is that you get to see the reaction real time. the president's supporters were definitely thrilled about everything onstage today. was also interesting was the republican members of congress up there and out they were responding. i was un
whatever happens with the economy, he can take the credit or the blame. host: sarah from boise, idaho. caller: i wanted to say how wonderful the festivities were today. it just touched my heart. just seeing all the hope on the people's faces out there, all, my goodness. even talking about it now i am getting teary-eyed again. and the love, it was wonderful. so much coal. i just know that the next four years is going to be wonderful. yesterday was my birthday. i am 63. so every four years i get...
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Jan 18, 2013
01/13
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is there enough tax generated in the economy to offset that? and would disaster occurs are you on the hook for off infrastructure and everything else that may be required to rebuild that community? and asia return on that exposure -- is your return greater? as a taxpayer, the answer is unfortunately too often know. we have subsidize risks to the point where as long as no extreme event occurs, it seems okay. but when the extreme event occurs, you are now exposed to much greater costs without necessary generating revenue or other societal benefits off that risk. now, during the '70s and '80s and through the early '90s, went a lot of growth was taking place in coastal areas and other vulnerable areas, very few storms were occurring. frequency was down. so the allusion was i have lived here for 30 years, this never happens. welcome the problem with climate whether it's 30 year cycles are like an eyelash in understanding how big systems and dynamics work. not talking at any of the forcing issues, and now we find ourselves in this period of increased
is there enough tax generated in the economy to offset that? and would disaster occurs are you on the hook for off infrastructure and everything else that may be required to rebuild that community? and asia return on that exposure -- is your return greater? as a taxpayer, the answer is unfortunately too often know. we have subsidize risks to the point where as long as no extreme event occurs, it seems okay. but when the extreme event occurs, you are now exposed to much greater costs without...
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Jan 13, 2013
01/13
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in her time and important new book, "regulating to disaster: how green jobs are damaging america's economy." in it, she subjects the assumption and policies which led to such a faded federal investments as solyndra solar panel manufacture as was that a 123 collector car battery manufacture to a waiting analysis which we of the institute have come to expect from this oxford trained economist who served as chief of staff for the council of economic advisers. sorry. during the administration of president george w. bush. in her book, she helps us understand why the failures of such direct investments in private firms are both significant problems in themselves and cautionary tales for those who would have the government rather than private investors allocate capital. the publication that regulates the disaster caps diane mr. shear as an institute senior fellow, i'll year in which has been prolific and influential. cited by reuters reporters, talk show host, across the country. i think in particular of her many, many contributions to our series called issues 2012, ranging from her analysis demo
in her time and important new book, "regulating to disaster: how green jobs are damaging america's economy." in it, she subjects the assumption and policies which led to such a faded federal investments as solyndra solar panel manufacture as was that a 123 collector car battery manufacture to a waiting analysis which we of the institute have come to expect from this oxford trained economist who served as chief of staff for the council of economic advisers. sorry. during the...
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Jan 13, 2013
01/13
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and global economy. guest: i have been looking at these countries and investing in them for nearly two of decades now. i have also been writing about them. i was keen to share what exactly is going on in these countries, which ones are likely to rise and fail in the years ahead. what struck me as i was doing the research is that there are many things that capture the imagination of investors for a decade, a rarely do they last for more than a decade. in the 1980's, we have paranoia about japan over taking the united states. in the 1990's, it was all about the technical -- tech buble. i think the last decade will be remembered for the rise of the bric countries. never before did we see so many countries boom simultaneously. that boom is coming to an end. the rising tide of global liquidity that lifted countries is ebbing. we have to figure out which ones will truly rise and which ones will fail. we need to do it over a reasonable time frame. the timeframe they used to analyze this is 50 or 100 years. my p
and global economy. guest: i have been looking at these countries and investing in them for nearly two of decades now. i have also been writing about them. i was keen to share what exactly is going on in these countries, which ones are likely to rise and fail in the years ahead. what struck me as i was doing the research is that there are many things that capture the imagination of investors for a decade, a rarely do they last for more than a decade. in the 1980's, we have paranoia about japan...
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Jan 19, 2013
01/13
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if we permit our economy to drift and decline, the vulnerable will suffer most. we must live up to the calling we share. civility is not a tactic or a sentiment. it is the determined choice of trust over cynicism, of community over chaos. and this commitment, if we keep it, is a way to shared accomplishment. america, at its best, is also courageous. our national courage has been clear in times of depression and war, when defending common dangers defined our common good. now we must choose if the example of our fathers and mothers will inspire us or condemn us. we must show courage in a time of blessing by confronting problems instead of passing them on to future generations. together, we will reclaim america's schools, before ignorance and apathy claim more young lives. we will reform social security and medicare, sparing our children from struggles we have the power to prevent. and we will reduce taxes, to recover the momentum of our economy and reward the effort and enterprise of working americans. we will build our defenses beyond challenge, lest weakness invi
if we permit our economy to drift and decline, the vulnerable will suffer most. we must live up to the calling we share. civility is not a tactic or a sentiment. it is the determined choice of trust over cynicism, of community over chaos. and this commitment, if we keep it, is a way to shared accomplishment. america, at its best, is also courageous. our national courage has been clear in times of depression and war, when defending common dangers defined our common good. now we must choose if...
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Jan 14, 2013
01/13
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and what is its impact on the economy and productivity. joining me now is hudson institute senior fellow and former health and human services. nice to have you back. do we have a gauge as to how much this flu will cost the busy con my in businesses? >> unfortunately costing businesses about $10.4 billion. that is real cash it will cost businesses. on the other hand, while businesses need to get work done, they need to be careful not to force people to come to work, spread it, and make it worse. >> a lot of people want it hang on to their jobs. the economy is recovering but we are not back to the best employment yet. a lot of employees feel they have to come in no matter what. >> the truth is, you learned all the things you need to learn in kindergarten. wash your hands well, cough into your sleeve. if you're sick, don't go to sleeve or work. it does put people into a bind and we know it is a tough situation. >> this flu seemed to come earlier than in the past. is that the case? >> we're not sure it is that much worse than other flu seasons
and what is its impact on the economy and productivity. joining me now is hudson institute senior fellow and former health and human services. nice to have you back. do we have a gauge as to how much this flu will cost the busy con my in businesses? >> unfortunately costing businesses about $10.4 billion. that is real cash it will cost businesses. on the other hand, while businesses need to get work done, they need to be careful not to force people to come to work, spread it, and make it...
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Jan 21, 2013
01/13
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and we're going to put this nation's economy on a sustainable path to the future. ladies and gentlemen, it's my great honor to introduce you to a magnificent, a truly magnificent first lady michelle obama and the guy she hangs out with, my friend, president barack obama. >>> hey? [ cheers and applause ] >> i thought you weren't coming out. i thought you weren't coming. i thought you changed your mind. >> hi, everybody. excuse our tardiness. but you know what, when stevie wonder has a few words to say to you, you don't rush stevie wonder. so pardon our delay. but thank you. thanks so much, jill. thank you for that kind introduction. but, more importantly, thank you for your leadership and service. i love joe biden. i love jill a little bit more. but i want to thank you both, you know, for making this journey so much more fun. our families have bonded and this has just been a phenomenal four years. and i'm ready to do four more with both of you. >> four more. >> four more. >> and, most of all, i want to thank all of you here tonight for everything, everything, that y
and we're going to put this nation's economy on a sustainable path to the future. ladies and gentlemen, it's my great honor to introduce you to a magnificent, a truly magnificent first lady michelle obama and the guy she hangs out with, my friend, president barack obama. >>> hey? [ cheers and applause ] >> i thought you weren't coming out. i thought you weren't coming. i thought you changed your mind. >> hi, everybody. excuse our tardiness. but you know what, when stevie...
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Jan 21, 2013
01/13
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because the economy has improved, we are moving forward, we can see a very different kind of tone but things are not perfect and there are other issues in the country. we are in a somewhat somber mood again. host: woodrow wilson did not hold inaugural balls because it was too somber occasion? guest: woodrow wilson was a very tough-minded political scientist. he is there one and only ph.d. to serve in the white house. some might say we are a bit on the staid side. i think he was also a somber personality. it is hard to find photographs of woodrow wilson looking charismatic and acted. part of it was that and we should remember that for his second inaugural, world war i was the context and that was serious and difficult times. host: we're talking with professor barbara parry and professor lucane as we continue to look at live pictures from around washington. about 800,000 is the estimate of people coming down to join the president for his ceremonial inauguration. he was officially and constitutionally inaugurated and sworn into office yesterday. today, it is ceremonial and we will begin
because the economy has improved, we are moving forward, we can see a very different kind of tone but things are not perfect and there are other issues in the country. we are in a somewhat somber mood again. host: woodrow wilson did not hold inaugural balls because it was too somber occasion? guest: woodrow wilson was a very tough-minded political scientist. he is there one and only ph.d. to serve in the white house. some might say we are a bit on the staid side. i think he was also a somber...
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Jan 17, 2013
01/13
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what it takes to sustain mobility, the economy, society. we can't ignore one by taking care of the other. there has to be a package deal. the simpson-bowles commission recognized it had to be part of the package. you have to demand that transportation be part of this overall solution that is put together and get into whether ideas have a better chance of enactment. but what our stance is, if you simply go to the republican caucus and say, let's raise taxes, they'll throw you out of the room. but if you go to them with a proposition, can we reduce the deficit of $150 billion? can we make the program pay its own way and can we sustain jobs and the solvency of the highway trust fund all in one, i think we'll have something to go on. again, thank you so much for the cary award. we value this and i appreciate the recognition and we want to commitment our -- continue our commitment to research and debate opportunity to share with you the thoughts on this idea. what you heard the secretary say is tony, jack and i are headed out the door. jack and
what it takes to sustain mobility, the economy, society. we can't ignore one by taking care of the other. there has to be a package deal. the simpson-bowles commission recognized it had to be part of the package. you have to demand that transportation be part of this overall solution that is put together and get into whether ideas have a better chance of enactment. but what our stance is, if you simply go to the republican caucus and say, let's raise taxes, they'll throw you out of the room....
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Jan 19, 2013
01/13
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so it is a large and complex economy. i don't know if you want to talk about the broader economy or not, but we can come back to it if you like. we have been seeing some improvement in the labor market. it is still not where we would like to be. growth has been moderate. there are some positive signs to look at. one of the key positives is housing. as you know, house prices fell about 30% and the amount of construction fell extraordinarily over this recession. now for the first time since 2007 or 2006, we see increases in production. rising house prices will affect household wealth. that is what i hope will be a better year in 2013 and 2014. a few other things that are positive, just to point out, is that state and local governments which had been very contraction remote -- great contraction ary mode, they are in better shape than they were. as a result, they will not be a drag on the academy that they have been in the last few years. -- on the economy that they have been in the last few years. energy. consumers are more
so it is a large and complex economy. i don't know if you want to talk about the broader economy or not, but we can come back to it if you like. we have been seeing some improvement in the labor market. it is still not where we would like to be. growth has been moderate. there are some positive signs to look at. one of the key positives is housing. as you know, house prices fell about 30% and the amount of construction fell extraordinarily over this recession. now for the first time since 2007...
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Jan 21, 2013
01/13
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our economy was in shambles. i watched him make a series of decisions very quickly to stand up to financial industry, the recovery act, to intervene on the auto industry. not any one of them was popular. he knew it was what we had to do to right the country. it is worth noting how far we've come. we're in a different place than we were four years ago. >> the last election he hadn't made any mistakes. now you've won that second term. you can be a little more honest about where he could have gone further and didn't or where he regrets not going further. >> i'm going to point to his own words. he believes he could have done a better job communicating with the american people. we've been talking about what we were dealing with. the financial crisis, the economic crisis, building a new administration. we had our hands full. i think frying ing trying to g that done and take the emergency steps to sure up our banks, some things were lost in there including communicating with the american people but why we were taking th
our economy was in shambles. i watched him make a series of decisions very quickly to stand up to financial industry, the recovery act, to intervene on the auto industry. not any one of them was popular. he knew it was what we had to do to right the country. it is worth noting how far we've come. we're in a different place than we were four years ago. >> the last election he hadn't made any mistakes. now you've won that second term. you can be a little more honest about where he could...
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Jan 21, 2013
01/13
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gets the economy back on solid ground. and move the progressive agenda floor. >> we have to get the economy going. to many people are unemployed. >> gun control, immigration reform, and deficit reduction. >> monday happens to be a federal holiday in the u.s.. >> what is memorable about this inauguration, it comes on martin luther king's birthday, the holiday we celebrate. he's using martin luther king jr.'s bible. he has got to take off from his great speech, i have a dream, back in 1963. and remember, martin luther king's dream did not only include ending segregation. it included ending needless wars, fighting poverty, and making america a more equal country. barack obama, tell us what your dream is for the second term and once that is over, once you have inspired us, go about the hard work of implementing that dream. it is a dream speech i am looking for. >> angela merkle. but the omens are not good. her coalition has just lost a regional election that was widely viewed as a test of public opinion. >> at first, it looked
gets the economy back on solid ground. and move the progressive agenda floor. >> we have to get the economy going. to many people are unemployed. >> gun control, immigration reform, and deficit reduction. >> monday happens to be a federal holiday in the u.s.. >> what is memorable about this inauguration, it comes on martin luther king's birthday, the holiday we celebrate. he's using martin luther king jr.'s bible. he has got to take off from his great speech, i have a...
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Jan 17, 2013
01/13
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because of funding and what it is in today's world and the economy and education, we know how they're strapped. i have four s.r.o.'s at one time. i now have one. that's not a desired situation by the school or by my department. yes to the funding piece. to the mental health piece, the s.r.o.'s, they know the kids. they know when they don't look right. what's going on today? they have friendships and they talk. someone else will say, have you seen his facebook page, or i am being taken down, bullied on facebook and all the things that lead us to mental health issues. and in regard to mental health issues, today, the officer on the street gets called because someone is having an episode of some nature and maybe a family member calls or maybe a co-worker calls or maybe they're just out and about having some sort of episode. the officer comes, evalue waits and determines, something is going on. this person needs to be seen. they've committed no crime a lot of the time, but you can't believe. so they in minnesota and i think this is similar throughout our country execute what's called the
because of funding and what it is in today's world and the economy and education, we know how they're strapped. i have four s.r.o.'s at one time. i now have one. that's not a desired situation by the school or by my department. yes to the funding piece. to the mental health piece, the s.r.o.'s, they know the kids. they know when they don't look right. what's going on today? they have friendships and they talk. someone else will say, have you seen his facebook page, or i am being taken down,...
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Jan 18, 2013
01/13
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the economy in great shape and move toward a balanced budget. it started off in three phases. it started off with president bush's actions, the first president bush in terms of taxation before president clinton took office. and then the actions the president took in 1994 and then in 1997. well, we think there is a third phase here that can set our country on a path that will allow us to get our debt to g.d.p., our deficit to g.d.p. down around 3%, which is the basis of all economists left, right and center all agree on the areas we can begin to grow as a country. and as my grandfather used to say with grace of god and goodwill of the neighbors, cooler heads will prevail now between now and the time we deal with the debt ceiling and we may meet the goal which we set out to do, which is to have roughly a $4 trillion cut over 10 years in the long-term deficit and to put us on that path. talk didn't come here to about any of those important subjects today, because as important as they all are today we have a more urgent and immediate call and that is how to deal with the epidemic
the economy in great shape and move toward a balanced budget. it started off in three phases. it started off with president bush's actions, the first president bush in terms of taxation before president clinton took office. and then the actions the president took in 1994 and then in 1997. well, we think there is a third phase here that can set our country on a path that will allow us to get our debt to g.d.p., our deficit to g.d.p. down around 3%, which is the basis of all economists left,...
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Jan 20, 2013
01/13
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still that means hundreds of thousands of visitors adding millions of dollars to the local economy. they're coming from all parts of the country for the celebrations this weekend. jennifer shows us the glitz and glamour behind the state inaugural fashion show. >> reporter: a little light and glamour of hollywood found its way to washington this weekend. >> well, this is old california. >> reporter: the golden state is on full display with around 700 proud californians here to meet, greet and celebrate one of their strongest industry, fashion. >> california is the home of the red carpet, with hollywood and the glamour. >> reporter: this the fourth time the california state society has partnered with the fashion institute of design and merchandising for an inauguration and fashion show. it's an opportunity for californians on show off their state and pull out the red carpet. it's dotted with politicians and industry leaders having learned themselves how difficult it is to get there to success. >> i came when i was 25 from ohio to found a fashion college. started with 24 students and n
still that means hundreds of thousands of visitors adding millions of dollars to the local economy. they're coming from all parts of the country for the celebrations this weekend. jennifer shows us the glitz and glamour behind the state inaugural fashion show. >> reporter: a little light and glamour of hollywood found its way to washington this weekend. >> well, this is old california. >> reporter: the golden state is on full display with around 700 proud californians here to...
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Jan 21, 2013
01/13
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there are many obstacles on the plate of the president from guns to immigration to the still recovering economy. but generally, for the next 24 hours, it's an opportunity for the president to enjoy this moment again. to rally americans together. this is how he will conclude the first night of his second term. but it begins, again, early tomorrow morning. melissa, the president and his family will be crossing the street from where we are at the residence over to st. john's churng, the church of presidents, it's often called where they will attend services. then he heads over to the c capitol for what he was talking about a moment ago. remarkably, the number is expected to be 600 or 800,000. that's roughly a third of the nearly two million who were here four years ago. his inaugural address tells nbc news earlier today, the president has finished writing those remarks just a couple days ago. jay carney said he didn't know if they were done, but he had seen a lot of yellow pads around the oval office. and finally, tomorrow night, two inaugural balls compared to the ten that they celebrated with ju
there are many obstacles on the plate of the president from guns to immigration to the still recovering economy. but generally, for the next 24 hours, it's an opportunity for the president to enjoy this moment again. to rally americans together. this is how he will conclude the first night of his second term. but it begins, again, early tomorrow morning. melissa, the president and his family will be crossing the street from where we are at the residence over to st. john's churng, the church of...
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Jan 21, 2013
01/13
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. >> the economy is better, that is clear. housing is coming back. there is alignment between the business community and the priorities of the executive office. immigration reform. education. corporate tax reform. we need the other things we mentioned, the debt ceiling happened first. otherwise, this is going to be an uncertain year. >> why didn't you get picked if treasury? ing in against jack lew but they need guys like you. >> i am very flattered. fox should start a campaign for me. very flattered. >>neil: thank you, robert. when we come back, art laffer will join us and by the time that occurs the obamas and the bidens will be there. ÷÷ i have low testosterone. there, i said it. how did i know? well, i didn't really. see, i figured low testosterone would decrease my sex drive... but when i started losing energy and became moody... that's when i had an honest conversation with my doctor. we discussed all the symptoms... then he gave me some blood tests. showed it was low t. that's it. it was a number -- not just me. [ male announcer ] today, m
. >> the economy is better, that is clear. housing is coming back. there is alignment between the business community and the priorities of the executive office. immigration reform. education. corporate tax reform. we need the other things we mentioned, the debt ceiling happened first. otherwise, this is going to be an uncertain year. >> why didn't you get picked if treasury? ing in against jack lew but they need guys like you. >> i am very flattered. fox should start a...
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Jan 20, 2013
01/13
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers for sudden symptoms and should not be used more than twice a day. people with copd taking advair may have a higher chance of pneumonia. advair may increase your risk of osteoporosis and some eye problems. tell your doctor if you have a heart condition or high blood pressure before taking advair. if you're still having difficulty breathing, ask your doctor if including advair c
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most...
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Jan 18, 2013
01/13
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economy in 2013. real gdp growth in the nine states in the first half of 2013 will be below 2% before accelerating to 2.6% in the fourth quarter. the committee believes that the combination of tax hikes, a prolonged fight over the debt ceiling, and the possibility of severe spending cuts in 2013 have the potential to really stop this recovery in its tracks. one thing you will notice from our forecast table is that the recession probabilities from the committee are higher than normal. we still have the probability of a recession at 23% and for 2014, 20%. that is a little bit higher than what we typically see. we think the private sector is poised for sustainable growth. i think the housing numbers point to one area of strength, the housing market. the tax hikes at the start of 2013 will create a drag on gdp of at least 1.25%. the potential for additional budget and spending cuts from sequestration could add to the downside risks. we think resolving the debt ceiling in a timely manner and providing more
economy in 2013. real gdp growth in the nine states in the first half of 2013 will be below 2% before accelerating to 2.6% in the fourth quarter. the committee believes that the combination of tax hikes, a prolonged fight over the debt ceiling, and the possibility of severe spending cuts in 2013 have the potential to really stop this recovery in its tracks. one thing you will notice from our forecast table is that the recession probabilities from the committee are higher than normal. we still...
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Jan 20, 2013
01/13
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federal spending is dragging our economy down. it is time for democrats and republicans to work together to create a plan to get our nation and families back on track. every family and every business has a budget. our nation should have a budget as well. every year the president is required by law to submit a budget proposal to congress by february 4. the obama administration has already informed congress that for the fourth time in five years, it will be late submitting a budget to your representatives. the president has already missed more budget deadlines than any of his predecessors. the house and senate are also required by law to submit a budget each year. by april 15, tax day. the democratic one senate has not approved such a resolution in almost four years. this is not the result of washington gridlock. harry reid said it would be foolish for his party and then does the senate to produce a budget. we disagree. with more than $16 trillion in debt, we believe is foolish not to have a budget. in the house, and it will again m
federal spending is dragging our economy down. it is time for democrats and republicans to work together to create a plan to get our nation and families back on track. every family and every business has a budget. our nation should have a budget as well. every year the president is required by law to submit a budget proposal to congress by february 4. the obama administration has already informed congress that for the fourth time in five years, it will be late submitting a budget to your...
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Jan 14, 2013
01/13
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banks are an integral part of the economy. they finance new job growth and new companies and people being able to buy a home, which is typically the largest single investment they will ever make. banks are crucial to this entire process. we need them to be there to help consumers and businesses finance their operations. the balancing act is not being too strict so that they will draw in and not land but not being too lax. that is a fine line. we shall we shallthe cfpb has achieve that with these rules. financial institutions will complain about any regulation because they did not want to be subject to kinds of rules that instruct them in how to do their business. when you read the complaints from the financial industry, i would say we have to take some of those with a grain of salt. host: gretchen morgenson is the "the new york times" assistant business and financial editor. she was co-author of "reckless endangerment.' guest: who basically were the interco parties in creating the crisis decades later. host: don is next from c
banks are an integral part of the economy. they finance new job growth and new companies and people being able to buy a home, which is typically the largest single investment they will ever make. banks are crucial to this entire process. we need them to be there to help consumers and businesses finance their operations. the balancing act is not being too strict so that they will draw in and not land but not being too lax. that is a fine line. we shall we shallthe cfpb has achieve that with...
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Jan 19, 2013
01/13
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. >> two weeks ago i would have said it's quiet this year, the economy, less excitement. and yet in the past four days, i've gotten invitations to things i had no idea were going to happen. things coming out of the woodwork. i don't know what it is. some people are scaling back instead of having big dance parties at night, a lot of corporations are doing brunches. whether that's actually less expensive or whether it's just supposed to look less expensive, i'm not exactly sure. but you are -- >> you think it's about optics. >> perhaps. i mean, that's certainly with the -- having the two official inaugural balls. >> i've seen so much ink about online and print and even on television, about the first lady's haircut. i wonder if this saturday, if people are going into their salons, amy, saying, hey, listen, can i get the -- michelle obama? yeah. >> yeah. >> what do you think? >> yeah, oh, i think so. we've seen the photo. we're going to want to see how the bangs move. that's what we'll be looking for. >> let's see. >> i've got the side sweep. she got the straight across much.
. >> two weeks ago i would have said it's quiet this year, the economy, less excitement. and yet in the past four days, i've gotten invitations to things i had no idea were going to happen. things coming out of the woodwork. i don't know what it is. some people are scaling back instead of having big dance parties at night, a lot of corporations are doing brunches. whether that's actually less expensive or whether it's just supposed to look less expensive, i'm not exactly sure. but you are...
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Jan 21, 2013
01/13
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it drags more on the economy now h than it has at that point. you heard democrats talk about that you need another couple interesting in order to avoid the 90 percent threshold. ab september that i don't see that he is going to be the one to lead on those issues. >> second term, though, this is what we are talking about. second term. you are talking about the president he has an opportunity to do something the art sent employees have never had a chance to take a risk go big go bold. one of those things has to do with spending. if not the kind of spending cuts which they envision which is chop off a certain percentage of this and that it's the trajectory of spending. these are steps he is willing to take. i know my friend bret baier is going to say juan he never said this publicly but it has been reported in many corridors he said he would be willing to do something in terms of the cpr. >> could he get his democratic caucus to sign on to it? >> if it was mentioned in the halls there was an uproar to the democrats. >> that's why i say go big and b
it drags more on the economy now h than it has at that point. you heard democrats talk about that you need another couple interesting in order to avoid the 90 percent threshold. ab september that i don't see that he is going to be the one to lead on those issues. >> second term, though, this is what we are talking about. second term. you are talking about the president he has an opportunity to do something the art sent employees have never had a chance to take a risk go big go bold. one...
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Jan 18, 2013
01/13
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the first one is how is the economy. we are the sixth fastest-growing state in the nation and we should be proud of that. [applause] just to talk about some of our major industries, everybody talks about the history of autos. i talk about it as our victory industries. agriculture, automotive centrism. i'm into the auto show just this week. it's a wonderful thing to see. the automotive industry is back in our country, 14 million units sold. right here in michigan, as lester we produced over 2.25 million units of those 14 million units that were assembled right here in michigan and we should be proud of that. [applause] also the winners of the cars of the year. if you want the best come you buy it from a michigan company. [applause] on agriculture, we continue to do well. we had a freeze early in the year, it devastated some of our fruit crops. and that was terrible. we had drought issues. but overall we had a strong year, we had record production and sugarbeet production and wheat. back in 2011, i worked with the farm bur
the first one is how is the economy. we are the sixth fastest-growing state in the nation and we should be proud of that. [applause] just to talk about some of our major industries, everybody talks about the history of autos. i talk about it as our victory industries. agriculture, automotive centrism. i'm into the auto show just this week. it's a wonderful thing to see. the automotive industry is back in our country, 14 million units sold. right here in michigan, as lester we produced over 2.25...
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Jan 21, 2013
01/13
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economy remains sluggish healthcare remains too costly, et cetera. one historian interviewed the president from rolling stones magazines says mr. obama needs to revise faith in the american dream. >> i would image if i were writing a speech for him i would inject a dose of ronald reagan optimism don't despair in america. >> follow me at twitter at james rosen and i will tell you which president was the first to have his inaugural address live nationwide. >> i always follow your twitter but i will especially tonight. >> you are always so good to me. >> the political landscape at the part of the term was different than it was when he came to the white house four years ago. republicans control the house. you need look no further than the recent game of political chicken over the fiscal cliff to know just how divided washington is. and more instance show downs are looming. one example the debt creel and controlli -- debt ceiling and what americans describe as out of control spending. what do key republicans take with the attitude toward congress at this
economy remains sluggish healthcare remains too costly, et cetera. one historian interviewed the president from rolling stones magazines says mr. obama needs to revise faith in the american dream. >> i would image if i were writing a speech for him i would inject a dose of ronald reagan optimism don't despair in america. >> follow me at twitter at james rosen and i will tell you which president was the first to have his inaugural address live nationwide. >> i always follow...
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Jan 14, 2013
01/13
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, it's hurting our economy as we speak. we shouldn't be having that debate and by the way, the american people agreed with me that we should reduce our deficit in a balanced way that also takes into account the need for us to grow this economy and put people back to work. >> megyn: well, when it comes to america's 16 trillion dollar debt, and raising our debt ceiling even more in the coming weeks, you just saw, today's hour long news conference summed up in that 60 second exchange and we shortened it down just to give you a flavor. the president does not want to negotiate and he says he has the voters behind him. he wants to congress just let him raise the debt limit or for them to do it. joining me now charles payne from the fox business network and john of left action and wall street journal columnist, the 50 economic indicators that really matter. we were just talking about that sound bite and that exchange with major garrett, formerly of fox and now cbs and the president was testy and didn't seem to much like the questi
, it's hurting our economy as we speak. we shouldn't be having that debate and by the way, the american people agreed with me that we should reduce our deficit in a balanced way that also takes into account the need for us to grow this economy and put people back to work. >> megyn: well, when it comes to america's 16 trillion dollar debt, and raising our debt ceiling even more in the coming weeks, you just saw, today's hour long news conference summed up in that 60 second exchange and we...
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Jan 16, 2013
01/13
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our economy is teetering. what would happen if our economy collapsed? who is to say what would happen? look at l.a. riots, everything that happened. things happen in this world. >> then there's a reality check. >> this is reality check. >> back in the 18th century, right? let me explain one other thing to you. if your government does turn tyrannical they have 5,000 nuclear war heads at their disposal to come after you and your guns. let's wake up and smell the coffee. >> you know, if they want to drop a bomb in tennessee -- >> let me bring in james fox. >> that's just ludicrous. >> we seem to be focusing too much just on ar-15 and assault weapons. a small percentage of homicides are committed with assault weapons. >> exactly. exactly. >> wait. let me respond to that. because the reason that i've been focused on that, in particular, i'm aware it's a small percentage of the killings in america. last four shootings in america, aurora, oregon shopping mall, firemen lured to their deaths before christmas and then sandy hook, all of those have involved an ar-
our economy is teetering. what would happen if our economy collapsed? who is to say what would happen? look at l.a. riots, everything that happened. things happen in this world. >> then there's a reality check. >> this is reality check. >> back in the 18th century, right? let me explain one other thing to you. if your government does turn tyrannical they have 5,000 nuclear war heads at their disposal to come after you and your guns. let's wake up and smell the coffee. >>...
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Jan 20, 2013
01/13
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you have to have growth of the economy, but i need to see policies will actually do that. we don't see them now. >> i spoke with david plouffe in the segment before this. he said that he is confident there are enough vote he is in the huntsd requisite 60 votes in the senate to pass universal background checks for gun owners and limiting the clips, those high-capacity magazine clips that i can fire off so many rounds to 10 and under. do you think that's so? do you think congress would pass a ban on those clips i with ten or over and a universal background check is that gonna happen? >> no, i don't think it will. candy, that gets beside the major issues this face american families you can jobs and the economy and the debt and spending that's where people are focused. that's the big anxiety of this country. >> sure, i agree with you, but as you know, you deal with a lot of things up there and the white house, people and their families deal with a loft things, one of the things out there are is gun control of some sort, addresses newtown, gun control or better access to mental
you have to have growth of the economy, but i need to see policies will actually do that. we don't see them now. >> i spoke with david plouffe in the segment before this. he said that he is confident there are enough vote he is in the huntsd requisite 60 votes in the senate to pass universal background checks for gun owners and limiting the clips, those high-capacity magazine clips that i can fire off so many rounds to 10 and under. do you think that's so? do you think congress would pass...